Those looking for a big laugh can find one in Philip Kotler’s Huffington Post article entitled Fix Capitalism – Join Us! Kotler says “The economic system is failing to deliver rising living standards for most Americans. Most of the gains from higher productivity are going to the rich. The middle class is getting smaller, the wages…
Gold: The commodity declined further on Monday opening the door for more weakness. Gold continues to hold on its weakness triggered off the 1183.80 level on Oct 15 2015. On the downside, support comes in at the 1160.00 level where a break will aim at the 1150.00 level. A cut through here will open the…
Negative interest rate bonds could soon be coming to the United States. Though it may seem counter-intuitive, negative interest rates are not unheard of. In Europe, negative interest rates have been normal for quite some time, with Switzerland’s central bank enacting a negative excess reserve rate after the financial crisis to encourage financial institutions to…
We all have bills to pay. And whether it’s your mortgage, your utilities or just that pesky credit card bill, life’s little expenses tend to recur every month. Even if you have a diversified portfolio of bonds and dividend stocks, this schedule is going to make your monthly cash flows lumpy.There’s just one problem with…
The economic data released from China earlier this morning has been the most talked economic topic across almost every trading desk today. China’s Q3 GDP resulted in a small beat at 6.9% (Expected 6.8%), and the Sept Retail Sales also slightly better at 10.9% (Expected 10.8%) and then finally September Industrial Production released 5.7% against an estimated 6.0% expectation. All rather disappointing really – well, as far…
Podcast: Play in new window | Play in new window (Duration: 13:18 — 6.1MB) DOW + 14 = 17,230 SPX + 0.55 = 2033 NAS + 18 = 4905 10 YR YLD + .01 = 2.03% OIL – 1.07 = 46.19 GOLD – 7.10 = 1171.60 SILV – .20 = 15.93 Twenty-eight years ago today, the Dow Jones Industrial Average…
Biotech Stocks Holding Levels From Last Week’s Rally Biotech stocks outperformed the market today and Nasdaq rallied late in the day to beat other indices. Earning season is approaching with Biogen, Inc. (BIIB) on Wednesday and other large caps next week. Look for large cap stocks to hold after reporting as most are down YTD….
Markets couldn’t establish any synchronized trends overall. U.S. markets were mixed while emerging markets and China stocks fell. Commodity markets weakened led by sharp declines in energy (crude oil) and metals while bonds didn’t gain any traction either. Economic data was focused on HMI (Homebuilders confidence) which was much higher at 64 vs prior 61….
The Chart of the Day belongs to Concert Pharmaceutical (NASDAQ:CNCE). I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha above 50.00+ then again for technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 9/9 the stock gained 33.80%. Concert Pharmaceuticals Inc. is a biopharmaceutical…
The Chart of the Day belongs to Concert Pharmaceutical (NASDAQ:CNCE). I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha above 50.00+ then again for technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 9/9 the stock gained 33.80%. Concert Pharmaceuticals Inc. is a biopharmaceutical…
